Canadian Pari-Mutuel Agency

Last updated

The Canadian Pari-Mutuel Agency is a special operating agency of Agriculture and Agri-Food Canada that regulates and supervises pari-mutuel betting on horse racing at racetracks across Canada, to ensure that pari-mutuel betting is done in a fair way to benefit the public. The Agency is funded through the collection of a levy of 0.8% on each bet on horse races placed in Canada. [1]

Related Research Articles

<span class="mw-page-title-main">Bookmaker</span> Organization or person that takes bets on sporting events

A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays off bets on sporting and other events at agreed-upon odds.

<span class="mw-page-title-main">Minister of Agriculture and Agri-Food</span> Minister in the Cabinet of Canada

The minister of agriculture and agri-food is a minister of the Crown in the Cabinet of Canada, who is responsible for overseeing several organizations including Agriculture and Agri-Food Canada, the Canadian Dairy Commission, Farm Credit Canada, the Canadian Food Inspection Agency, the National Farm Products Council and the Canadian Grain Commission.

<span class="mw-page-title-main">Trifecta</span>

A trifecta is a parimutuel bet placed on a horse race in which the bettor must predict which horses will finish first, second, and third, in the exact order. Known as a trifecta in the US and Australia, this is known as a tricast in the UK, a tierce in Hong Kong, a triactor in Canada and a tiercé in France. A trio, offered in Hong Kong and France, is a variation in which the order of the horses is not relevant.

Agriculture and Agri-Food Canada is the department of the Government of Canada responsible for the federal regulation of agriculture, including policies governing the production, processing, and marketing of all farm, food, and agri-based products. Agriculture in Canada is a shared jurisdiction and the department works with the provinces and territories in the development and delivery of policies and programs.

Off-track betting is sanctioned gambling on horse racing outside a race track.

Harrah's Hoosier Park Racing & Casino is a racino including a standardbred racetrack located in Anderson, Indiana, approximately 30 miles northeast of Indianapolis. It is owned and operated by Caesars Entertainment. The facility features live harness racing from April through November, casino gaming, restaurants, a gift shop, and entertainment.

<span class="mw-page-title-main">Stronach Group</span> North American entertainment and real estate company

Stronach Group, doing business as 1/ST, is an entertainment and real estate company in North America with Thoroughbred horse racing and pari-mutuel wagering at the core.

<span class="mw-page-title-main">France Galop</span>

France Galop is the governing body of flat and steeplechase horse racing in France. It was founded on May 3, 1995, as the result of the amalgamation of four different industry organizations. Prominent owner/breeder Jean-Luc Lagardère was elected the organization's first president.

<span class="mw-page-title-main">Manor Downs</span>

Manor Downs was a horse racetrack located outside Manor, Texas, United States. It was Texas' oldest pari-mutuel horse racetrack. Live racing in the spring featured both quarter horse and thoroughbred racing. Simulcast racing was also available.

The Division of Commercial Licensing and Regulation is the division of the Rhode Island Department of Business Regulation responsible for the licensing and regulation of real estate agents, brokers and appraisers, auto body & salvage re-builder shops, auto wrecking and salvage yards, travel agencies and travel agents, upholsterers, alarm system installers, auctioneers, liquor wholesalers, breweries, wineries, salespersons and agents, Class G (boat/airline/railroads) license holders, line-cleaners, and mobile and manufactured homes and parks. The enforcement of unit pricing, motor fuel advertising and health club pre-opening laws are also activities of this program.

<span class="mw-page-title-main">Agriculture & New York State Horse Breeding Development Fund</span>

The Agriculture & New York State Horse Breeding Development Fund is the public-benefit corporation responsible for administering the New York Sire Stakes.

Ontario Agricorp is a Crown agency of the government of Ontario that delivers risk management programs and other services to Ontario's agriculture industry.

Gambling in France holds a current legal status.

Longitude LLC is the inventor and distributor of the Longitude Enhanced Pari-Mutuel System™, a pool betting technology platform.

<span class="mw-page-title-main">Agriculture Union</span>

The Agriculture Union is an affiliate of the Public Service Alliance of Canada (PSAC). It has more than 8,000 members who work for Canadian federal government departments and agencies such as the:

Xpressbet, LLC is a subsidiary of Stronach Group Company founded in 2002 and based in Washington, Pennsylvania. The company provides pari-mutuel action services that enable account holders to watch and wager on thoroughbred, harness, and quarter horse racing virtually. The company also provides handicapping resources, such as (newsletters)blogs, and (columns). Xpressbet, LLC provides wagering service to nearly 200 racetracks in North America, Australia, Europe, South Africa, and the Middle East. It also offers back-end or white label wagering services for other Account Deposit Wagering (ADW) suppliers.

Bowles Agawam Airport was an airfield operational in the mid-20th century in Agawam, Massachusetts.

Horse racing in South Korea traces back to May 1898, when a foreign language institute run by the government included a donkey race in its athletic rally. However, this type of racing was sponsored for entertainment purposes only. No betting was conducted. It was in the 1920s that 'modern' horse racing involving a betting system made its debut. In 1922, the Chosun Racing Club, the nation's first-ever authorized horse racing club, was established to make horse racing more systematic and better organized. In 1923, the pari-mutuel betting system was officially adopted for the first time in Korea. The Sinseol-dong racecourse opened in 1928 and incorporated racing clubs were allowed to have their own racecourses.

Advance-deposit wagering (ADW) is a form of gambling on the outcome of horse races in which bettors must fund their account before being allowed to place bets. ADW is often conducted online or by phone. In contrast to ADW, credit shops allow wagers without advance funding; accounts are settled at month-end. Racetrack owners, horse trainers and state governments sometimes receive a share of ADW revenues.

<span class="mw-page-title-main">Betting on horse racing</span>

Betting on horse racing or horse betting commonly occurs at many horse races. Modern horse betting started in Great Britain in the early 1600s during the reign of King James I. Gamblers can stake money on the final placement of the horses taking part in a race. Gambling on horses is, however, prohibited at some racetracks. For example, because of a law passed in 1951, betting is illegal in Springdale Race Course, home of the nationally renowned Toronto-Dominion Bank Carolina Cup and Colonial Cup Steeplechase in Camden, South Carolina.

References

  1. "Canadian Pari-Mutuel Agency". Agriculture and Agri-Food Canada. Retrieved 2012-12-03.